MRF Ltd, the Chennai-based tyre manufacturer, reported a 27 per cent decline in consolidated net profit to ₹387 crores for the second quarter ended September 30, 2026 as against ₹527 crores for the corresponding quarter last year. Revenue was up 17 per cent to ₹8,660 crore (₹7,379 crore).
The steep increase in prices of raw materials due to global uncertainties adversely affected profitability during the quarter. Price increase and cost saving measures by the company helped to mitigate cost pressures, says a statement from the company.
“We were able to capitalise on sustained demand for the company’s products from both original equipment and replacement segments,” it added.
The company anticipates continued disruptions and volatility in commodity markets. “Raw material and logistics costs are expected to remain elevated. We will continue to take measured steps to address these challenges,” it said.
For H1FY27, the net profit declined to ₹882 crore as against ₹1,029 crore in the same period last year.
Dividend
The Board of Directors have declared an interim dividend of ₹3 (30 per cent) per share of ₹10 each for this fiscal.
Published on November 10, 2026
